NFC World

News from the NFC World journal

UK pilots new ways to provide access to cash in communities without bank branches

Residents and small businesses in nine UK communities are taking part in a series of pilot schemes which aim to improve access to cash in rural and disadvantaged areas, where individuals remain dependent on cash but where bank branches and ATMs have closed down and local cash infrastructure is under threat. The Community Access to

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Wearable payments specialist Tappy opens NFCW Expo showcase

NFCW EXPO: Canada-based Tappy Technologies’ showcase in the NFCW Expo is now open, featuring panel discussions exploring the future of wearable payments and a product demo of the tokenized payments technology that forms the backbone of Timex Pay. Tappy’s wearable token service provider platform makes it possible for brands and card issuers to let consumers

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Juniper forecasts ‘permanent shift’ to contactless ticketing

Mobile ticketing transaction volumes, including contactless, in-app and mobile messaging ticket purchases, will increase from 6.8bn transactions in 2020 to 16.9bn in 2022, heralding a permanent shift towards contactless ticketing, according to a forecast by Juniper Research. Contactless ticketing in particular will recover “strongly”, with transaction values growing from US$6bn in 2020, exceeding 2019 figures

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UK charities leverage open banking to cut donation transaction costs

UK residents can now make charity donations using an open banking payments service that allows them to transfer money directly from their bank account to a charity’s bank account by scanning a QR code with their mobile phone, reducing the recipient’s processing costs and automatically enabling Gift Aid tax benefits on each donation. Users access

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